RCRS Innovations files draft papers with NSE Emerge to raise funds via IPO
The Noida-headquartered company's proposed IPO is a fresh issuance of 48.24 lakh equity shares with a face value of INR 10 each, according to a statement.
Punjab to boost clean energy with 66 new solar power plants by 2025
With an aim to make Punjab a leading state in clean energy production and reduce reliance on fossil fuels, Punjab govt will set up 66 solar power plants, each with a 4 MW capacity, said new and renewable energy sources minister Aman Arora.
ReNew inks pact with Anzen to sell 300 MW operational solar asset in Rajasthan
In a regulatory filing, ReNew said it "announces the signing of definitive agreement to sell RSWPL to Anzen. The transaction is expected to close post completion of contractual obligations and conditions precedent including receipt of lender approval".
Sterling and Wilson bags ₹1,200 crore Solar EPC project in Gujarat
The project involves the Design, Engineering, Procurement, and Construction (EPC) of the Balance of System (BOS) and includes a three-year Operations and Maintenance (O&M) contract.
India, Kuwait to strengthen energy ties, explore renewable cooperation
PM Modi was invited by His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of Kuwait, and attended the opening ceremony of the 26th Arabian Gulf Cup on December 21 as the Guest of Honour.
VOC Port earmarks Rs 41,860 cr to position itself as Green Hydrogen hub of India
The port has also taken measures to augment capacity after witnessing an increase in cargo handling this year.
Solar91 Cleantech SME IPO to open on December 24; sets price band at Rs 185-195/share
Solar91 Cleantech has announced a Rs 106 crore IPO, with a price band of Rs 185-195 per share. The IPO opens on December 24 and closes on December 27, with a listing planned on BSE's SME platform. The company will use the proceeds to invest in solar plant development, working capital, and general…
Waaree Energies board approves investment proposals worth Rs 850 cr
The board also approved capital expenditure (capex) of Rs 130 crore in invertor business through its wholly-owned subsidiary Waaree Power Private Limited.
India needs 8.5 million renewable energy jobs by 2050, ₹30 lakh crore investment by 2030: IREDA CMD
Speaking at the 39th Indian Engineering Congress in Kolkata, Das highlighted the increasing demand for skilled manpower in the sector.
SustVest raises $1.7 million in Pre-Series A funding round
The funds will drive key business initiatives, including acquiring solar projects, scaling marketing efforts with the platform launch, and enhancing operations, the company said in a statement.